Since 2008 We've Been Finding Industrial Space (Warehouse, Flex, Manufacturing...) For All Types Of Businesses and Uses

Lease, Rent Or Sale

Let Us Help Find Yours Too!

Get Started CALL US Bodegas en Renta

No Gimmicks. No Hassles*. Just Quality Brokerage Services!

(* Disclaimer: Okay, okay - Real Estate does tend to throw a few knucklers, but we'll get you through them.)

All WF Articles & Links for Tag "Commercial Real Estate Trends"

Site Hotlinks arrow_drop_down Social Sharing arrow_drop_down

This page shows you all of the Articles and Links you requested. Assuming you have an account and are signed in, you will see a link to save the Article or Link to "Saved A&L" for later review. Once you do either, the Article or Link will be moved. You will need an account to use these features, and you must be signed in as well.

  • library_books Warehouse for sale in Katy, Texas
    Go to Article
    Posted by Eric Hughes, on October 12, 2018 and Updated on August 17, 2019
    Article Synopsis

    Having just completed a six month search for “warehouse for sale” property for a client to purchase, I can tell you definitively that the far West Katy and Brookshire industrial market is significantly under served.  We finally settled on a 17,000 SF warehouse building with 2,000 SF of office finish and sitting on 5 acres of land.  Pricing is in the $1,300,000 range.

    Map of Currently Available Warehouses in Katy, TXWith approximately ten warehouses available to purchase in this growing market West of Houston, the task of locating an industrial building which fits a buyers needs can be quite challenging.  Freestanding options to buy are typically have grade level foundations and may be metal or tilt-wall in construction.  For owners needing dock high loading, dock wells can be installed to accommodate container loading and unloading.

    The few “new” warehouse for sale options are priced in the $90 to $110 PSF range and generally have minimal outside storage.  Several options though are located on five to 10 acres of land and a bit further North and West of Katy.  Those options have improvements of older construction and typically metal buildings.

    Some of the options only lasted a few days or weeks before being contracted to sell.  The exploding residential development with sought after Katy school district and Class retail options have created a huge demand from business owners living West of Houston.

    What about the energy bust from a few years ago and the resulting slump in the energy corridor?  Although there is still office space oversupply in that far west market, the industrial warehouse market has continued mostly unaffected for the past five or six years.  Also, the oil and gas market is strong as of today.  And while the industry is more cautious with spending, small operations still need a facility to service the big companies.

    So build it…right?  Not so fast.  Building a facility, even one smaller in footprint, takes time.  An owner generally needs 12 months to get a new building up and ready to occupy.  Additionally, land prices have gone through the roof with new homes, retail, apartments and medical development.  The result is that a new 20,000 SF warehouse with about 20% office finish on approximately 2-3 acres will cost around $90 - $100 PSF to build.

    Regardless of your industrial needs, if you are looking for a new space or want to sell or lease  an existing location, give us a call.  We have been in the Houston Industrial brokerage business for more than 26 years.

    Looking for Warehouse or Office space in Houston?

    Centermark Commercial Real Estate specializes in Industrial and Office in the Greater Houston area. CCRE is the exclusive affiliate broker for WarehouseFinder.NET in Houston, TX.


    Informational Tags for this Article
    Location Tags for this Article
    • Houston, TX
  • library_books Texas Hispanic demographics for Texas
    Go to Article
    Posted by Eric Hughes, on October 20, 2015 and Updated on August 17, 2019
    Article Synopsis

    Commercial real estate owners, business owners and developers need to pay attention to the projected demographics related to the Hispanic population in Texas.  Today at the A&M sponsored TREC MCE course, Steve Murdock of Rice University illustrated the overwhelming trend of Hispanic population growth in Texas.  Anglo population is set to decrease.  Future developments and planning should plan accordingly.

    Looking for Warehouse or Office space in Houston?

    Centermark Commercial Real Estate specializes in Industrial and Office in the Greater Houston area. CCRE is the exclusive affiliate broker for WarehouseFinder.NET in Houston, TX.

    Informational Tags for this Article
    Location Tags for this Article
    • Houston, TX
  • library_books Houston's east side industrial market near 2% vacancy
    Go to Article
    Posted by Eric Hughes, on April 27, 2015 and Updated on August 16, 2019
    Article Synopsis

    Houston’s shift in industrial warehouse demand from the West side of town to the East market is undeniable.  While historically light on fractional vacancy, East Houston and the inner Port of Houston market is now incredibly tight on available a space.  Even more concerning, this submarket has an even stronger outlook with increased break-bulk traffic foreseen for the port and continued rise in manufacturing and refining.  What is available now?  See a map below (from Costar.com) of available space for lease between 10,000 and 50,000 SF .  I culled the list a bit of functionally obsolescent buildings.  Quality space on the East side = almost Zero.

    As a tenant/buyer rep broker, I can tell you first hand that locating viable lease/purchase alternatives for clients, near the Port of Houston, has never been more challenging.

    Need Warehouse of Office space?

    Centermark Commercial Real Estate specializes in Industrial and Office in the Greater Houston area. CCRE is the exclusive affiliate broker for WarehouseFinder.NET in Houston, TX.

    Map Showing Industrial Vacancies

    Informational Tags for this Article
    Location Tags for this Article
    • Houston, TX
  • library_books Falling oil prices, what does that mean for Houston warehouse space for lease and the real estate ma
    Go to Article
    Posted by Eric Hughes, on December 11, 2014 and Updated on August 16, 2019
    Article Synopsis

    12/19/14 Update:

    $56.52 per barrel at close of trading today.  3% increase.  Now let us do this for a few weeks in a row.  Doubtful.

    $55.46 per barrel at 8:32 AM today with morning trading up 2% or so. Interesting that the fall of oil pricing has seemed to slow significantly, albeit for 2-3 days. If pricing settles in the mid $50’s per barrel for more than 3-6 months, Houston will be shedding some jobs and businesses. My customers have already indicated they are putting projects on hold until some reasonable forecasting can be developed on pricing.  Oddly enough, more commercial development was announced in the energy corridor last week for new a new class A office property for lease.

    $60.94 per barrel. That is the price of oil at the time of this post. A month ago oil was trading over $77 a barrel. Where will it stabilize? Only time will tell. What is certain is that Houston faces some real challenges in its industrial real estate market. Warehouses have been leasing and selling at all time highs. Development of bulk distribution is also in full swing. Now the scale back of industry absorbing space and rents will start to suffer. Developers of speculative warehouses for lease or sale are now likely to be sitting on empty buildings for some time with other owners facing tenants who may fold up shop and thereby leaving vacant property. The market was probably due for a correction with new freestanding warehouses trading at $75 to $85 PSF for shells on a purchase and $.75 PSF/month + on rentals. Heavy leveraged owners are the most vulnerable and others with substantial cash reserves may see some opportunities in the market. Businesses looking for space to lease should see some relief in pricing over the next six months.

    Need Warehouse or Office space?

    Centermark Commercial Real Estate specializes in Industrial and Office in the Greater Houston area. CCRE is the exclusive affiliate broker for WarehouseFinder.NET in Houston, TX.

    Informational Tags for this Article
    Location Tags for this Article
    • All Locations
  • library_books 4 Reasons why there is very little warehouse space for lease or sale in East Houston
    Go to Article
    Posted by Eric Hughes, on November 20, 2014 and Updated on August 16, 2019
    Article Synopsis

    Why is there little to no available manufacturing and/or storage warehousing available for purchase or lease near the Port of Houston?  Strong local economy?   Maybe.   Top Port in the Nation in many stats?   Partially.  Booming energy sector?  Possibly, but fading.

    The real reason the industrial lease and sale market is so tight in East Houston near the port of Houston is due to an almost complete lack of development over the past 30 years in the Loop 610 East/Hwy 225/I-10 East/Port of Houston corridor out to Beltway 8.  Yes there have been a few distribution projects which were developed on a speculative basis, however those have been full for some time.  As for freestanding crane served warehouses from Loop 610 out to Beltway 8…there are less than 4-5 properties available on any given day.  Is this a pure shortsightedness of developers?  Probably somewhat.  However, land is scarce and what is available is overpriced for industrial use.  The Panama Canal will be opening soon and with an expected 20% increase in traffic in the short term, where will this business go?  Probably to another port with adequate available storage and manufacturing warehousing.

    Need Warehouse or Office space?

    Centermark Commercial Real Estate specializes in Industrial and Office in the Greater Houston area. CCRE is the exclusive affiliate broker for WarehouseFinder.NET in Houston, TX.

    Informational Tags for this Article
    Location Tags for this Article
    • Houston, TX
  • library_books Houston area Industrial real estate - 2013 year end summary
    Go to Article
    Posted by Eric Hughes, on December 26, 2013 and Updated on August 16, 2019
    Article Synopsis

    Warehouse brokerage in Houston, Texas…wow, what a year.  2013 may end up being a record year for many Houston commercial brokers, given the tremendous influx of businesses relocating and/or expanding into the area.  However, the high demand results in “slim pickings” for business owners looking to acquire a warehouse for lease or sale.  With an approximate vacancy rate of around 4.9% in 2013, the industrial real estate sector has little inventory for potential owners and lessees.

    Moving into 2014, warehouse lease and purchase prospects will see continued rental and sales price increases on available warehouse space and premium rates and prices for the record number of freestanding warehouses under construction and proposed for the new year.  The new construction is also driving up land prices and reducing availability of land parcels which lend themselves to industrial development.

    As an Industrial real estate broker with 22 years in the Houston area, I am blessed to be doing business in Houston and really appreciate both the rewards and the challenges this market brings.

    Eric Hughes - Industrial Real Estate Broker 

    Need Warehouse of Office Space?

    Centermark Commercial Real Estate specializes in Industrial and Office in the Greater Houston area. CCRE is the exclusive affiliate broker for WarehouseFinder.NET in Houston, TX.

    Informational Tags for this Article
    Location Tags for this Article
    • Houston, TX
  • library_books Houston Commercial Real Estate's Rising Property Taxes: Is Harris County Appraisal District Putting
    Go to Article
    Posted by Eric Hughes, on May 22, 2012 and Updated on August 14, 2019
    Article Synopsis

    The overall tone in the Houston commercial real estate market is an optimistic one. Experts are speculating a continued turn-around for this year and beyond. One would assume this is good news for Houstonians - not necessarily.  It seems property owners are not the only ones paying attention to real estates “sunny forecast.”

    In a preemptive attempt to balance the market values with the appropriate taxes, the Appraisal Districts have begun to increase commercial real estate property taxes.  According to Harris County Chief Appraiser, Jim Robinson, “the values of commercial and industrial real properties and apartment properties are all beginning to show strong signs of economic recovery. These three categories of property are expected to increase between 6-11%.”

    Out of 600 commercial real estate properties included in a recent study, it was found there are significant appraisal value increase, across the board:

    • Retail - The average increase was 18.4%, with the highest increases in A&B-class properties. The largest increase found was as much as 84% year-over-year 
    • Multifamily -  Average increase - 17.8%. The hardest hit were the B & C-class properties, with as much as a 129% and 184% value increases over last year 
    • Office - office properties are experiencing increases of 23.5% on average, with highest value increases occurring in B-class properties and some reaching as much 85% and 98.9% higher than the 2011 tax value 

    In every realm, decision making without a thorough understanding of all factors is never a good thing.  Unfortunately for Houston property owners, that seems to be precisely what the Harris County Appraisal District is doing.

    So what can you do? Fight your taxes! A professional tax consultant can help you help the Appraisal District to see that through their efforts to “balance” the market, they are actually tipping the tax scale.

    Informational Tags for this Article
    Location Tags for this Article
    • Houston, TX
  • library_books Freestanding Warehouses for Lease - Houston...a very tight market
    Go to Article
    Posted by Eric Hughes, on May 15, 2012 and Updated on August 14, 2019
    Article Synopsis

    There are fewer and fewer options for businesses needing warehouse space in Houston. Freestanding warehouses for lease or sale are becoming very difficult to locate. If you need a crane served warehouse, your only options are new construction and expensive. With rates averaging $.68 PSF NNN/month, many businesses can’t afford the cost. Will this push some companies to consider alternatives outside Houston? If the economy stays strong in the Houston area and the Panama Canal widening stays on schedule, the East Houston industrial market will be drastically underserved.

    There are only one or two second generation, crane ready or crane served warehouses for lease or sale East of Downtown Houston.  With little to no land available for development near the Port, the only choices will be out near Beltway 8 or further.

    If you need warehouse space for lease or purchase in the Greater Houston area, please contact Eric Hughes, our exclusive commercial broker affiliate for the Houston area.

    Informational Tags for this Article
    Location Tags for this Article
    • Houston, TX
  • library_books Warehouse for lease - Houston - Rates are rising
    Go to Article
    Posted by Eric Hughes, on March 11, 2012 and Updated on August 14, 2019
    Article Synopsis

    Say what you want about the oil and gas industry…you can’t deny it has been very good to Houston, Texas.  The trickle down of this prosperity is a booming industrial market experiencing near record absorption and rate increases.  Bottom of the market distribution space which was renting for $.28 psf/gross/month a year ago is now going for $.35 PSF/gross/month.  The near east side of town near the Port of Houston had some empty dock high space for rent which had been on the market for months.  Now that space is all leased and requirements come across my email every day for distribution space.  In addition to small to medium sized dock space, similar sized manufacturing/crane served buildings are in high demand.  Most of this activity is related to the energy sector in some form or fashion.  The only area of industrial not faring so well is the big box distribution arena.  There are still options for spaces over 30,000 SF.

    If you need space in Houston, contact Warehousefinder.net’s exclusive Houston broker affiliate, Eric Hughes.

    Informational Tags for this Article
    Location Tags for this Article
    • Houston, TX
  • library_books Warehouse for Lease - Changing of the tide
    Go to Article
    Posted by Eric Hughes, on May 17, 2011 and Updated on August 11, 2019
    Article Synopsis

    Build, build, build.  Consume, consume, consume.  Not anymore.  Welcome to the new norm of commercial real estate.  Over the last two decades, before the oil crash, banks were lending money on a signature and good will.  As a result developers, eager to make a fee, put up millions of square feet of bulk distribution space around the country.  Now that market is subject to downsizing, reducing, consolidating and liquidating.  In many healthy markets like Houston, Dallas and Atlanta there is still a glut of distribution space for lease, despite the relative thriving commercial market.  In other large cities, a tenant can almost name its price on bulk space for lease.

    Our current slow to very slow trot to recovery is not enough to push lenders off their pedestals.  Hopefully when things do begin to pick up pace, the shortage of new product as a result of stringent lending practices will force rental rates to new highs.

    Informational Tags for this Article
    Location Tags for this Article
    • All Locations
  • library_books Commercial Buildings for sale - A shrinking market? How is that?
    Go to Article
    Posted by Eric Hughes, on May 13, 2011 and Updated on August 11, 2019
    Article Synopsis

    Construction of commercial buildings has decreased approximately 28% across the board for industrial, retail and office properties (as reported by Costar,Inc.).  This is especially true for speculative warehouse and office buildings for sale by a developer.  For the business owner looking to buy a warehouse building or office for his/her operations, this decrease may drive up pricing on existing buildings and reduce availability.  I have clients tell me quite often that in this economy there must be a glut of buildings for sale.  While that may be accurate in areas of the country with higher than average unemployment and/or a shrinking population, it is quite the opposite in booming cities like Houston, Austin, Dallas, Atlanta, Provo and Phoenix.

    While a shortage of funds from lenders for speculative development is a nationwide issue, availability of buildings for sale fluctuates dramatically from city to city.   Lender rules for loan approval do not take into account the feasibility of project based on an individual city’s needs and inventory.  A bad economy by default forces a migration of people to other, more prosperous areas of the country looking for jobs.  This drives up demand in those areas and changes the commercial real estate picture.  Tie this surge in demand to a national policy of restrictive lending and you have a shortage of quality buildings for sale.

    So, the volume of buildings for sale becomes a relative term and may not correspond to the nationwide economy, especially in a city like Houston, Texas.

    Informational Tags for this Article
    Location Tags for this Article
    • All Locations
  • library_books The Phones are Ringing People! Increased Activity in Businesses Looking to Lease Warehouses
    Go to Article
    Posted by Eric Hughes, on January 24, 2011 and Updated on August 11, 2019
    Article Synopsis

    Not just in Houston either.  Since Warehousefinder.net is a national search service, we receive calls and emails from all over the US and overseas.  The new year has brought a new found vigor in inquiries from decision makers looking to move, expand and/or relocate their warehouse, manufacturing or distribution operations.  Make no mistake, this is not the same market as 2005/6…however after the last 24 months, any sign of improvement is encouraging.  The trend for the last three weeks continues to scale upwards, albeit at a slow rate.  Our guess is that the extension of federal tax incentives pushed many companies over the fence on facility planning decisions.  Look for our report soon on which parts of the U.S. have the most industrial leasing activity.

    Informational Tags for this Article
    Location Tags for this Article
    • All Locations

Want more infomation about something on this page? Need industrial, office or warehouse space? Fill out our form here to let our Broker Affiliate Network know about your needs including help assessing an existing lease. You may also call us at (800) 814 - 4214 to begin the discussion.

Please contact us at info@WarehouseFinder.net or use our Contact Us form if you have questions or concerns.

Need more details?

We are here to assist. Contact us by phone, email or via our social media channels.
Large Warehouse with Dock High Docks, Links to Site Help